Futu Holdings (FUTU) Net Margin (2018 - 2025)
Futu Holdings' quarterly Net Margin came in at 52.66% in Q4 2025, up 1043.0% year-on-year from 4.61% in Q4 2024, and up 5.02% quarter-over-quarter from 50.15% in Q3 2025.
Futu Holdings has reported Net Margin for 8 years, with the latest figure at 52.66% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin rose 1043.0% year-over-year to 52.66%; the trailing twelve-month figure through Dec 2025 stood at 49.62% (up 957.0% YoY), and the FY2025 full-year result was 49.55%, up 949.0% from the prior year.
- Net Margin for Q4 2025 stood at 52.66%, up from 50.15% in the prior quarter.
- The five-year high for Net Margin was 52.72% in Q1 2021, with the low at 31.12% in Q4 2021.
- Average Net Margin over 5 years is 41.67%, with a median of 40.61% recorded in 2023.
- Year-over-year, Net Margin jumped 2116 bps in 2021 and sank 1787 bps in 2022.
- Tracing FUTU's Net Margin over 5 years: stood at 31.12% in 2021, then jumped by 35 bps to 42.04% in 2022, then dropped by 12 bps to 37.01% in 2023, then gained by 14 bps to 42.23% in 2024, then gained by 25 bps to 52.66% in 2025.
- The last three Net Margin figures came in at 52.66% (Q4 2025), 50.15% (Q3 2025), and 48.76% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 26.29% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 31.36% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 36.98% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 32.80% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 16.00% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 132.82% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 7.22% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -171.16% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 37.74% |
| 10 | Futu Holdings | 14.70 Bn | 12.54 Bn | 733.58 Mn | 52.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 52.66% |
| Sep 30, 2025 | 50.15% |
| Jun 30, 2025 | 48.76% |
| Mar 31, 2025 | 45.70% |
| Dec 31, 2024 | 42.23% |
| Sep 30, 2024 | 38.45% |
| Jun 30, 2024 | 38.74% |
| Mar 31, 2024 | 40.04% |
| Dec 31, 2023 | 37.01% |
| Sep 30, 2023 | 41.18% |
| Jun 30, 2023 | 45.06% |
| Mar 31, 2023 | 47.68% |
| Dec 31, 2022 | 42.04% |
| Sep 30, 2022 | 38.79% |
| Jun 30, 2022 | 36.74% |
| Mar 31, 2022 | 34.85% |
| Dec 31, 2021 | 31.12% |
| Sep 30, 2021 | 35.54% |
| Jun 30, 2021 | 33.86% |
| Mar 31, 2021 | 52.72% |
| Dec 31, 2020 | 44.88% |
| Sep 30, 2020 | 42.46% |
| Jun 30, 2020 | 34.39% |
| Mar 31, 2020 | 31.56% |
| Dec 31, 2019 | 14.13% |
| Sep 30, 2019 | 8.20% |
| Jun 30, 2019 | 21.29% |
| Mar 31, 2019 | 9.75% |
| Dec 31, 2018 | 4.87% |
| Sep 30, 2018 | 3.11% |
| Jun 30, 2018 | 2.07% |
| Mar 31, 2018 | 33.24% |